Wexford Capital LP Purchases Shares of 10,000 American Homes 4 Rent (NYSE:AMH)

Wexford Capital LP bought a new stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 10,000 shares of the real estate investment trust's stock, valued at approximately $374,000.

Several other hedge funds have also recently added to or reduced their stakes in AMH. Mountain Hill Investment Partners Corp. acquired a new stake in shares of American Homes 4 Rent during the 4th quarter worth about $26,000. National Pension Service acquired a new stake in shares of American Homes 4 Rent in the fourth quarter worth approximately $30,000. Jones Financial Companies Lllp boosted its position in shares of American Homes 4 Rent by 56.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after acquiring an additional 392 shares during the last quarter. Assetmark Inc. boosted its position in shares of American Homes 4 Rent by 37.1% in the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock worth $52,000 after acquiring an additional 375 shares during the last quarter. Finally, UMB Bank n.a. lifted its position in American Homes 4 Rent by 77.2% during the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 607 shares in the last quarter. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMH. Morgan Stanley lifted their price objective on shares of American Homes 4 Rent from $39.00 to $40.50 and gave the company an "overweight" rating in a research note on Thursday. Scotiabank lifted their price objective on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Evercore ISI lifted their price objective on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Keefe, Bruyette & Woods lifted their price objective on shares of American Homes 4 Rent from $38.00 to $40.00 and gave the company a "market perform" rating in a research note on Tuesday, May 6th. Finally, Wall Street Zen upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.89.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack E. Corrigan purchased 4,000 shares of the stock in a transaction dated Monday, May 5th. The stock was acquired at an average price of $23.42 per share, for a total transaction of $93,680.00. Following the completion of the transaction, the director now owns 12,000 shares of the company's stock, valued at approximately $281,040. The trade was a 50.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $39.01, for a total transaction of $1,657,925.00. Following the transaction, the chief accounting officer now owns 99,214 shares of the company's stock, valued at $3,870,338.14. This represents a 29.99% decrease in their position. The disclosure for this sale can be found here. 6.32% of the stock is owned by insiders.

American Homes 4 Rent Stock Up 0.1%

NYSE AMH traded up $0.03 during trading hours on Friday, reaching $37.66. 1,314,367 shares of the company traded hands, compared to its average volume of 2,187,569. American Homes 4 Rent has a 12 month low of $31.68 and a 12 month high of $41.41. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $13.94 billion, a PE ratio of 34.87, a PEG ratio of 3.56 and a beta of 0.78. The company has a 50 day moving average of $37.01 and a two-hundred day moving average of $36.55.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.01. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The firm had revenue of $459.28 million during the quarter, compared to analyst estimates of $449.00 million. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The firm's revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, equities analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.20 annualized dividend and a yield of 3.19%. American Homes 4 Rent's payout ratio is 111.11%.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.